dimanche 29 décembre 2013

Source Business Standard by Nikhil Inamdar
Contemporary art starts at a range of Rs 50,000 - Rs 75,000. You may not be able afford a Raza, but there is scope to invest in contemporary or other genres like folk, tribal and rural art or even paper works of some of the masters. Artists work across mediums, surfaces and formats so there is always something affordable and within your range if you look carefully.
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Source Daily News & Analysis by Nishtha Gautam
Supreme Court of India’s judgment on Sec 377 has brought back the focus on ‘family’ in India. People are raising questions around procreative aspects of sex and the idea of a perfect family which presupposes the presence of a man, his wife and their children. Supporters of criminalization of homosexuality say that seeing same sex couples hurts their sensibilities rooted in the Indian family system. Also, it is difficult to explain the phenomenon to their children! How important really is ‘family’ or the idea thereof for Indians? There are multiple answers to this question. A decade back three contemporary mainstream writers/artists reimagined the ‘family’ and courted trouble.
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Source DNA by Gargi Gupta
Vasudev Santu Gaitonde (1924-2001), whose untitled painting became the most expensive piece of modern Indian art to be sold at auction when it went for Rs23.7 crore at Christie’s inaugural auction in Mumbai on December 19, was a bit of an enigma. The tale could be apocryphal, but it’s a wonderful one and illustrative of the intellectual, single-minded rigour that gave his art that quality of meditative simplicity that so many critics consider Gaitonde’s hallmark. It is also one of the very few “human” stories concerning the artist who left his family behind in Goa when he moved to Bombay in the 1940s and never saw them again.
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Publié par
Herve Perdriolle

samedi 21 décembre 2013

Source Times Colonist by Kay Johnson
Rajan Sehgal, who manages private banking for Indian nationals for Credit Suisse, confirms that wealthy Indians are increasingly buying art. "Today, art is a very important and an extremely key investment over the years, much more than real estate in some markets," Sehgal said. Indian buyers have been snapping up pieces at Christie's events in London and New York, and the auction house believes the time is ripe to hold its first sale inside India, where it has had a representative office for nearly two decades.
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Publié par
Herve Perdriolle

vendredi 20 décembre 2013

Source First Post Business
While China's wealthy have embraced art purchases and now rival the U.S. as the largest market in the world, India's elite have been slower to invest. China and the U.S. last year accounted for 25 percent and 33 percent, respectively, of the $58.7 billion global fine art and antiques market. India did not even make the top five, lumped together with "other countries" accounting together for 7 percent, according to a report by The European Annual Fine Art Foundation. But Christie's is expecting that will change as India's rich — who are already eating up luxury brands in clothing, jewelry and automobiles — train their attention and bank accounts on fine art.
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Source India Today
Christie's held its first art auction in India on Thursday, aiming to tap into a budding market for prestige purchasing among the country's fast-growing ranks of millionaires despite an economic slowdown. The top-selling work of the evening was a mustard-hued abstract oil on canvas by Vasudeo Gaitonde, which fetched Rs.20.5 crore ($3.28 million) - a bid that drew audible gasps when it was made and cheers when the final gavel fell at more double than its pre-sale estimate.
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jeudi 12 décembre 2013

Source Business Standard by Avantika Bhuyan
The new Indian art collector is young, well travelled, sensitive to cultural diversities and hence, clued in. “Gone are the days when art was to be bought once you became a millionaire. Today young executives and entrepreneurs want to start collecting art much earlier in life,” says Kirpal. Moreover a price correction of 20-30 per cent for modern art and over 50 per cent for contemporary art has encouraged first-time buyers. “The art centres are no longer Delhi and Mumbai; there are some very interesting collections in Mysore, Surat, Lucknow and Ahmedabad. Collections of great significance in smaller towns is an indicator of how the market is expanding nationally,” says Kirpal.
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Publié par
Herve Perdriolle

mercredi 11 décembre 2013

Source Times of India by Shimona Kanwar
The 65th Republic Day of the country will for the first time see participation of the city in the form of Rock Garden as a tableau. After shortlisting the open hand, the theme of Jawaharlal Nehru's modern city, Rock Garden has been approved by the ministry of defence. Nek Chand, the creator of the garden was elated. "I am feeling proud that my garden has been selected for the national day celebrations."
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Source Blouin Art Info by Emilia Terracciano
The Sovereign Forest attempts to reopen discussion and initiate a creative response to our understanding of crime, politics, human rights, and ecology. The validity of poetry as evidence in a trial; the discourse on seeing, on understanding, on compassion, on issues of justice; sovereignty and the determination of the self—all come together in a constellation of moving and still images, texts, books, pamphlets, albums, music, objects, seeds, events, and processes. The Sovereign Forest has overlapping identities. It continuously reincarnates as an art installation, an exhibition, a library, a memorial, a public trial, an open call for the collection of more “evidence,” an archive, and also a proposition for a space that engages with political issues as well as with art.
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Publié par
Herve Perdriolle

mardi 10 décembre 2013

Source The Times of India by Neelam Raaj
Despite the contemporary art market not performing very well at home, Indian gallerists are venturing out to fairs in Miami and Hong Kong which attract important NRI collectors. Not that it's just the desi gallerists who show Indian artists. Austrian Galerie Krinzinger will be exhibiting the work of Delhi artist Mithu Sen's sensually charged works in the Kabinett sector of the Miami fair. Participants of the Kabinett sector are carefully chosen to present curated exhibitions, in this case for a rising star of the art world.
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Source The Star OnlineWorkmen unfurl a giant banner with a photo of the late South African President Nelson Mandela to cover the facade of the Quai d'Orsay Foreign Affairs Ministry in Paris, December 6, 2013. South African anti-apartheid hero Mandela died peacefully at home in Johannesburg at the age of 95 on Thursday after months fighting a lung infection, leaving his nation and the world in mourning for a man revered as a moral giant.
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Source Reuters by Frank Daniel
India's art market has been something of a roller-coaster in recent years, with valuations of contemporary artists sky-rocketing during a pre-financial crisis boom before coming back down with a bump. Indian modern paintings have held up better, helped by a growing clutch of Indian collectors snapping up works from overseas auctions. A November report by art market analysts Art Tactic said confidence in Indian modern art was on the rise. Much like China a few years ago, Indian collectors are largely interested in homegrown work from dead modern masters, whose valuations are seen as likely to increase.
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Publié par
Herve Perdriolle

mardi 3 décembre 2013

Source Artforum by Zeenat Nagree
Heightened attention in the latter part of the year was given to Mumbai’s Chemould Prescott Road. To mark the gallery’s fifty-year existence, during which its founders Kekoo and Khorshed Gandhy played a pivotal role in promoting modern and contemporary art in India, the couple’s daughter and current director Shireen Gandhy invited the renowned curator, critic, and theorist Geeta Kapur to present five exhibitions. Drawing from Chemould’s roster without being bound by it, Kapur has gathered some of the most prominent contemporary Indian artists for this exhibition series titled “Aesthetic Bind.”
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Source Matters of Art
Singh brings her portable ‘museums’ of stories, themes and image repertoires to Hayward Gallery for the first time. The museums bring together Singh’s artistic oeuvre from the past several decades, mixing them with major new works that have never before been exhibited. These large wooden structures can be placed and opened in different ways, each holding about a hundred images. Old and new pictures are endlessly displayed, sequenced, edited and archived into the continually-evolving ‘museums’.
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Source Business Standard
The country's contemporary and modern art fair, is set for its 6th edition from January 30 to February 2 here. With a programme, which includes Art Projects, a Speakers' Forum and a city wide Collateral Events schedule, the India Art Fair (IAF) has a by invitation VIP preview on January 30, organisers announced in a statement today. The Fair, which held its first edition in 2008, has grown to be an epicentre for art in India, with a global reputation for being one of South Asia's leading art fairs. The upcoming edition showcases 91 booths from India and across the world and aims to expose local and international artists to a large and diverse audience.
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Source The Telegraph by Colin Gleadell
Five years after the global financial crisis wiped out the Indian art market, Christie's sale at the Taj Mahal hotel in Mumbai looks set to provide a much-needed boost. It seems like an eternity, but it was only six years ago that every financial column in the Indian press and on the internet was releasing emphatic statistics about the boom in Indian art. The two main areas of focus were "modern" and "contemporary".
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This newsletter posted by Hervé Perdriolle in October 2007, tracks the news of the Indian Contemporary Art through an international press review regularly updated.Since 2008 more than 1.800 press articles listed - 145.000 pages viewed.